Operational Counterparty Credit Risk Manager, Associate Director

Some careers have more impact than others.

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be.

HSBC is one of the largest banking and financial services organisations in the world, with operations in 62 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.

We are currently seeking an experienced professional to join our team in the role of Operational Counterparty Credit Risk Manager, Associate Director

Principal responsibilities

• Revieiwing & understanding the regulatory framework on counterparty credit risk; Reviewing and attesting all Desk Instructions Manuals (DIM).
• Working with all stakeholders in the integration of strategic architecture in the run-the-bank services.
• Provide direct admin support to the regional teams; Engage with CCR SME to actively review and manage the team book of work; Monitor all the NFR book of work items and embed the MSS Ops strategy in the teams’ ways of working.
• Work closely with Traded Risk (Counterparty Credit Risk Managers & Change/IT), Collateral & Risk, Front Office (Relationship managers & Sales)., GRA (Group Risk Analytics) and Regulatory Reporting Teams.
• Keep track of the error metrics on real time basis and consistently seek to achieve zero error standards; Put in place the improvement plans for repeated errors and work in close coordination with the analyst to ensure that the plan is implemented effectively.
• Escalation of errors and client feedback to relevant stakeholders as per process; Service offering is critical to the HSBC internal model approvals due to the data expected to be monitored and control daily by the teams, across the 3 main HSBC regions.
• Maintains HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators.
• Complete appropriate internal control standards and relevant compliance policy